China’s top copper importer was sued by a state-owned client for 1 billion yuan ($148 million) due for undelivered contracts, adding to a liquidity crisis at a private company that has disrupted the country’s copper trade with global mining giants such as Glencore and BHP.
In Depth: A Metal Tycoon’s Liquidity Woes Disrupt China’s Copper Trade
2023年02月01日 07:29
Bankruptcy restructuring of He Jinbi’s Covid-crippled Maike Metal International threatens a third of China’s copper imports
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- Maike handles nearly one-third of China’s refined copper imports.
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